News for 'FY17'

Bumpy roads ahead for Renault; even Kwid has hit speed breaker

Bumpy roads ahead for Renault; even Kwid has hit speed breaker

Rediff.com18 Jan 2018

After a spectacular show in 2016, Kwid's sales have contracted by 20 per cent during the April-December period of FY18 to 65,572 units.

PMC shows it's time for relook at urban coop banks

PMC shows it's time for relook at urban coop banks

Rediff.com10 Oct 2019

In the aftermath of the PMC Bank mess which was in the RBI's highest rating of 'A' category, trustworthiness of these ratings may be up for a review.

MFIs' collections rebound in a big way, but delinquencies may surge

MFIs' collections rebound in a big way, but delinquencies may surge

Rediff.com8 Sep 2020

A vast majority of borrowers are in the essential services' supply chain with tiny and micro businesses, and this has sprung back.

Busting 4 myths about the Pay Commission

Busting 4 myths about the Pay Commission

Rediff.com23 Nov 2015

Analysis of the 7th Pay Commission's recommendations.

The untold story: Credit growth slows after note ban

The untold story: Credit growth slows after note ban

Rediff.com20 Jan 2017

Banks lend 60,000 cr in 8 weeks since Nov 8; Y-o-Y credit expansion slows further.

'Indian equities will outshine emerging markets'

'Indian equities will outshine emerging markets'

Rediff.com1 Jul 2016

'We have seen a host of businesses across sectors generate economic value and wealth for investors.'

50 bps lending rate cut likely by Sept: BofA-ML

50 bps lending rate cut likely by Sept: BofA-ML

Rediff.com6 May 2016

Banks in India are expected to cut lending rates by up to 50 basis points by September as there is sufficient liquidity in the system.

5 events the markets may react to in 2017

5 events the markets may react to in 2017

Rediff.com23 Dec 2016

Demonetisation impact, earnings growth, central bank policies will get attention.

Govt expenses to make your head spin!

Govt expenses to make your head spin!

Rediff.com19 Dec 2016

IDS-2 and raids to uncover black money stash keep receipts flowing

Why Sensex and Nifty tanked almost 6% in six trading days

Why Sensex and Nifty tanked almost 6% in six trading days

Rediff.com22 Nov 2016

Demonetisation, Donald Trump's surprise victory in the US presidential elections, and the fear that US Fed may hike rates in the upcoming policy review in December have dented market sentiments, report Puneet Wadhwa & Deepak Korgaonkar.

Merger plan for 3 insurance majors shows govt concern over tackling Modicare

Merger plan for 3 insurance majors shows govt concern over tackling Modicare

Rediff.com4 Feb 2018

The change in policy for the three companies, from listing to merger, shows the level of discomfort within the government about their ability to take on the expanded load for insurance coverage with their current financial strength, including the massive premium and claim settlement cover under the proposed universal health coverage plan announced in Budget 2018.

Are higher taxes responsible for India's economic slowdown?

Are higher taxes responsible for India's economic slowdown?

Rediff.com27 Sep 2017

The combined share of customs and excise duties, service tax, and value-added tax in India's gross domestic product reached an all-time high of 10.5%.

India's biggest-ever disinvestment drive gets going

India's biggest-ever disinvestment drive gets going

Rediff.com28 Oct 2016

The government has managed Rs 21,000 crore through stake sales and buybacks in the first six months, the highest-ever first half divestment revenue for any year by a good margin, raising expectations for the rest of FY17.

Basmati sowing likely to go up 25% in FY18 on high demand, normal monsoon

Basmati sowing likely to go up 25% in FY18 on high demand, normal monsoon

Rediff.com21 Apr 2017

The industry expects Iran to purchase at least 1 million tonnes this financial year

Eicher CEO downplays Bajaj claims, says not easy to unseat Royal Enfield

Eicher CEO downplays Bajaj claims, says not easy to unseat Royal Enfield

Rediff.com19 Apr 2017

Enfield enjoys almost the entire 250-350 cc motorcycle market in country

R&D spend: Auto, pharma top the list

R&D spend: Auto, pharma top the list

Rediff.com31 Oct 2019

The biggest spender was Tata Motors, with Rs 4,224.6 crore assigned under the R&D head.

Fewer jobs, flat salary blues for techies in campus hiring

Fewer jobs, flat salary blues for techies in campus hiring

Rediff.com19 Oct 2016

'Over the next two to three years, hiring will come down further.' 'You will see the industry intake of freshers go down to 150,000 from the current 200,000.'

The bad loan problem

The bad loan problem

Rediff.com27 Feb 2017

GNPAs of public sector banks are now at a staggering 11.2 per cent of their advances.

Cola brands get a health scare

Cola brands get a health scare

Rediff.com7 Apr 2016

Giants like Pepsi and Coke are fast losing shelf-space to healthier, functional options.

Investors are positive on Tata Steel

Investors are positive on Tata Steel

Rediff.com24 Mar 2015

Tata Steel's domestic operations have been its cash cow.

Rupee to fall towards 69 level in 9-12 months: Citi

Rupee to fall towards 69 level in 9-12 months: Citi

Rediff.com23 Mar 2016

The report, however, said a sustained weakness in USD against the emerging market forex remains a key risk to this view.

'Markets in 2017 will be dominated by global events'

'Markets in 2017 will be dominated by global events'

Rediff.com1 Feb 2017

'We believe 2017 could see higher flows from foreign institutions as money comes back to growth markets like India.'

Global brokerages remain overweight on India

Global brokerages remain overweight on India

Rediff.com26 Nov 2015

With inflation down, the government's twin deficits are largely under control.

Nomura hints at current account deficit widening further

Nomura hints at current account deficit widening further

Rediff.com16 Jun 2016

The global demand recovery is likely to stay sluggish.

Infosys lowers FY18 growth guidance

Infosys lowers FY18 growth guidance

Rediff.com24 Oct 2017

Infosys, however, cut 2017-18 revenue growth guidance to 5.5-6.5 per cent from 6.5-8.5 per cent in constant currency.

Gross NPAs of private banks up 55% in Q2

Gross NPAs of private banks up 55% in Q2

Rediff.com23 Oct 2017

On a sequential basis, banks have had to set aside a substantial amount for bad loans, up 30 per cent from Rs 3,459 crore in the June quarter to Rs 4,508 crore.

India Inc is hiring more contract workers these days

India Inc is hiring more contract workers these days

Rediff.com25 Nov 2019

Lower cost and easier termination may well be among the reasons that companies seek to have employees on contract. The share of employees on contract has increased to 57.3 per cent of the total workforce this year as compared to 53.7 per cent in the previous year.

SBI posts Rs 24 bn loss in Q3 over NPA provision, 1st in 19 years

SBI posts Rs 24 bn loss in Q3 over NPA provision, 1st in 19 years

Rediff.com10 Feb 2018

Loss takes analysts by surprise, as they were expecting the bank to post a net profit of Rs 19 billion.

Investor wealth surges by over Rs 2.69 lakh cr in 3 days

Investor wealth surges by over Rs 2.69 lakh cr in 3 days

Rediff.com26 May 2016

The market capitalisation of BSE-listed companies surged to Rs 98,11,322 crore.

Normal monsoon, festive season likely to revive car sales

Normal monsoon, festive season likely to revive car sales

Rediff.com13 May 2019

Prices of two-wheelers, passenger and commercial vehicles are set to rise 15-25%

Mukesh Ambani's personal firms also selling assets to cut debt

Mukesh Ambani's personal firms also selling assets to cut debt

Rediff.com6 May 2019

Bankers said as part of its debt reduction plan, Canada's Brookfield-sponsored India Infrastructure Trust acquired a pipeline for Rs 13,000 crore from East West Pipeline Ltd, an arm of Reliance Industries Holding Private Ltd, and all the liabilities are now off the subsidiary's books.

Sensex ends 200 points higher, Nifty reclaims 8,000

Sensex ends 200 points higher, Nifty reclaims 8,000

Rediff.com22 Nov 2016

The positive bias was aided by metal, realty and auto indices

5 reasons why ICICI Bank is a difficult buy

5 reasons why ICICI Bank is a difficult buy

Rediff.com3 May 2016

Consensus continues to be cautious with analysts pointing towards tougher days ahead

Taking a loan? Be happy, base rate could be lower by 50 bps

Taking a loan? Be happy, base rate could be lower by 50 bps

Rediff.com4 Sep 2015

RBI's draft guidelines on computation of base rate, if implemented in its current form, will significantly impact the profitability of banks.

5 mid-cap infra stocks to bet on

5 mid-cap infra stocks to bet on

Rediff.com24 Apr 2017

Infrastructure stocks are once again gaining traction.

Here's how Ashok Leyland turned two loss-making subsidiaries around

Here's how Ashok Leyland turned two loss-making subsidiaries around

Rediff.com25 Jul 2018

Nissan' exit from the light commercial vehicle joint venture has helped speed up consolidation and growth for the company

'Cement industry in India is institutionalising'

'Cement industry in India is institutionalising'

Rediff.com20 Apr 2019

With infrastructure claiming a larger share, movement and distribution of cement is bound to change.

Sensex ends 102 points higher on global cues; ONGC up 5%

Sensex ends 102 points higher on global cues; ONGC up 5%

Rediff.com24 Oct 2016

ONGC was the top performer while private banking major ICICI Bank extended gains

RIL may post 10% growth in earnings this fiscal: Brokerages

RIL may post 10% growth in earnings this fiscal: Brokerages

Rediff.com27 Jul 2015

RIL's standalone net profit rose one per cent quarter-on-quarter

India's GDP to grow at 7.8% in 2016-17: Nomura

India's GDP to grow at 7.8% in 2016-17: Nomura

Rediff.com2 Mar 2016

'We expect the Reserve Bank of India to deliver a 25 bps rate cut in April to support growth.'